2773 N State Highway 59

Just under 200000 SF of buildings on 223 acres of which 827 acres are excess buildable land on which to build additional buildings Gross Scheduled rent as of 1126 was 13360668 month 160328000 year Bldg A consists of a modern and attractive standalone 7126 SF office building a new built 2021 2400 SF metal shop bldg Leased on a modified gross basis thru 2028 with multiple 5year renewals Tenant currently pays 1024430 month 920483 Base Rent 103950 CAMs COLAs January based on CPI but never less than 3 or greater than 8 Bldg B is a 15540 SF standalone fully sprinklered bldg with a 240 SF office and has 22 clear height and 8 rollup doors 4 on east and west sides of Bldg Tenant pays 1250884 month 1081037 Base Rent 169847 NNNs Bldg C is a 70902 SF fully sprinklered metal bldg with 3400 SF of officesrestrooms and breakroom 8 recessed truck docks 3000 AMP electrical service provided by MID Merced Irrigation District which is reputedly 50 less than PG E Tenant currently pays 4371199 month 3853758 Base Rent 717441 NNNs and lease expires 63029 but Tenant would like to get out of the lease either via a sublease or a full assignment assumption of lease Bldg D is a fully spinklered concrete tiltup with 24 clear height under roof trusses and 2000 AMP electrical service provided by MID Has 2 x 12544 SF refrigerated walkin boxes that can maintain a 40 degree temperature Bldg D 98239 became vacant on 3126 and is available for lease along with Bldg C 70902 SF Both combined are 169141 SF Prior Tenant was paying 63855 gross month 65SF Owner occupies 5240 SF sprinklered metal shop attached to west end of Bldg D and is willing to either vacate at close of escrow or lease back at 3406 month 65SF Owner has just spent 1M to flood proof buildings C and D and spent another 1M to install solar panels on the south facing roofs of Bldgs C D generates average of 750 KW month and is tied to meter in Bldg D Solar panels included in the sale at no additonal charge The property is fully fenced and can be accessed via electronic gates from both Highway 59 and Cooper Avenue OWNER WILL CONSIDER CARRYING WITH 30 DOWN AT 65 INTEREST ONLY FOR 10 YEARS